Legal Notice: Trustee’s Notice of Sale: File No. F18-00009 OR.

Trustee’s Notice Of Sale Trustee Sale No.: F18-00009 OR Pursuant to O.R.S. 86.705, et seq. and O.R.S. 79-5010, et seq. Loan No.: The Falls At McMinnville, LLC Title Order No.: 8730503 Reference is made to that certain Deed of Trust, Security Agreement and Fixture Filing made by The Falls At McMinnville, LLC, an Oregon limited liability company, whose address is 9067 South 1300 West, Suite 301, West Jordan, UT84088, as grantor, Fidelity National Title Co, whose address is 7475 N. Palm Ave., Ste. 101, Fresno, CA 93711, as Trustee, in favor of Meilin Liu, an individual (fka Sam Son Exchange) and AmeriAsian Funding, LLC, whose address is 2601 Blanding Ave., C307, Alameda, CA 94501, as beneficiary, dated 12/04/2017, and recorded on 12/15/2017 as Document No. 201719957, in the mortgage records of Yamhill County, Oregon, covering the following described real property (the Property) situated in said county and state, to wit: Legal Description: See Attached Exhibit A Purported Property Address: 460, 510 and 630 NE Captian Michael King Smith Way, McMinnville, OR 97128 3425 NE Three Mile Lane, McMinnville, OR 97128 3685 NE Three Mile Lane, McMinnville, OR 97128 7300 SE Watts Lane, McMinnville, OR 97128 Vacant Land Both the beneficiary and the trustee have elected to sell the real property to satisfy the obligations secured by the Deed of Trust and a notice of default has been recorded pursuant to Oregon Revised Statutes 86.752(3); the default for which foreclosure is made is failure to pay installment of principal and/or interest which became due on 09/15/2017 plus all subsequent installments of principal and/or interest, plus late charges, trustees fees, and attorney fees and court costs arising or associated with the beneficiaries effort to protect and preserve its security. By reason of said default, the beneficiary has declared all sums owing on the obligation secured by said Deed of Trust immediately due and payable including, without limitation, the unpaid and outstanding principal amount of the promissory note made by the Grantor in connection with the obligation secured by said Deed of Trust in the original principal amount of $3,026,744.57, plus all amounts referenced herein and all subsequent amounts accruing hereafter until paid, including late charges, default interest, costs and expenses, title expenses, trustee’s fees and attorneys’ fees and further sums advanced by the beneficiary; plus a prepayment premium, if applicable. Wherefore, notice is hereby given that the undersigned trustee will on 08/03/2018 at the hour of 11:00AM, in accord with the standard of time established by ORS 187.110, at the following place: At the front entrance to the Yamhill County Courthouse, 535 NE 5th Street, McMinnville, OR 97128, sell at public auction to the highest bidder for cash the interest in the described Property which the grantor had or had power to convey at the time of the execution by Grantor of the Deed of Trust, together with any interest which the Grantor or Grantor’s successors in interest acquired after the execution of the Deed of Trust, to satisfy the foregoing obligations thereby secured and the costs and expenses of sale, including a reasonable charge by the Trustee. Notice is further given that for reinstatement or payoff quotes requested pursuant to ORS 86.786 must be timely communicated in a written request that complies with that statute addressed to the trustee’s Urgent Request Desk either by personal delivery to the trustee’s physical offices (call for address) or by first class, certified mail, return receipt requested, addressed to the trustee’s at the address set forth in this notice. Due to potential conflicts with federal law, persons having no record legal or equitable interest in the subject Property will only receive information concerning the lender’s estimated or actual bid. Notice is further given that any person named in ORS 86.778 has the right, at any time prior to five days before the date last set for the sale, to have this foreclosure proceeding dismissed and the Deed of Trust reinstated by payment to the beneficiary of the entire amount then due (other than such portion of the principal as would not then be due had no default occurred) and by curing any other default complained of herein that is capable of being cured by tendering the performance required under the obligation or Deed of Trust, and in addition to paying said sums or tendering the performance necessary to cure the default, by paying all costs and expenses actually incurred in enforcing the obligation and Deed of Trust, together with trustee’s and attorney’s fees not exceeding the amounts provided by said ORS 86.778. Requests from persons named in ORS 86.778 for reinstatement quotes received less than six days prior to the date set for the trustee’s sale will be honored only at the discretion of the beneficiary or if required by the terms of the subject loan documents relating to the Deed of Trust. Without limiting the trustee’s disclaimer of representations or warranties, Oregon law requires the trustee to state in this notice that some residential property sold at a trustee’s sale may have been used in manufacturing methamphetamines, the chemical components of which are known to be toxic. Prospective purchasers of residential property should be aware of this potential danger before deciding to place a bid for this property at the trustee’s sale. In construing this notice, the singular includes the plural, the word grantor includes any successor in interest to the grantor as well as any other persons owing an obligation, the performance of which is secured by said Deed of Trust, and the words trustee and beneficiary include their respective successors in interest, if any. The Property Covered In This Action Includes All Such Real Property And The Personal Property In Which The Beneficiary Has A Security Interest, Described Within The Loan Documents And In Exhibit A Attached Hereto, Respectively, It Being The Election Of The Current Beneficiary Under Said Deed Of Trust To Cause A Unified Sale To Be Made Of Said Real And Personal Property In Accordance With The Provisions Of ORS 79.0604(1). For Sale Information Call: 877-440-4460 or Login to: Physical Address: Amy Harrington Zieve, Brodnax & Steele, LLP 121 Southwest Salmon Street, 11th Floor Portland, OR 97204 For further information, please contact: Amy Harrington c/o Assured Lender Services, Inc. 2552 Walnut Avenue, Suite 100 Tustin, CA 92780 714-508-7373 Fax: 714-505-3831 Dated: 3-28-18 This Communication Is From A Debt Collector And Is An Attempt To Collect A Debt. Any Information Obtained Will Be Used For That Purpose. Amy Harrington, Attorney at Law, Successor Trustee /s/ Amy Harrington, OSB 123363 Exhibit A – Legal Description File No.: 1039-3023465 The Land Referred To Herein Below Is Situated In The County Of Yamhill, State Of OR, And Is Described As Follows: The Following Described Property Described Herein Covers Less Property Than Is Included In The Legal Description Contained In The Deed Of Trust Identified In Exhibit I, Paragraph D Parcel 1: A tract of land located in the Reuben Harris Donation Land Claim No. 80 and being in Section 23, Township 4 South, Range 4 West, Willamette Meridian, Yamhill County, Oregon, more particularly described as follows: Commencing at a point on the South line of said Harris Donation Land Claim, said point being a brass disk located at the Northwest corner of the J. White Donation Land Claim No. 81; thence along the South line of said Harris Donation Land Claim North 89deg. 57′ 08 East a distance of 1583.84 feet to its intersection with the Southerly extension of the most Southerly East line of that property conveyed to Evergreen Vintage Aircraft

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Publication: Newberg Legals 2

Section: Legals

Start Date: 2018/04/11

End Date: 2018/05/02

Owner: MK Consultants


County: Yamhill